Restructurings are won before they begin: in the quality of the plan, the sequencing of stakeholders and the credibility of the people presenting it. Ravenhill advises companies, boards and creditor groups through the full arc, from early covenant pressure to fully consensual balance sheet restructurings.
We have sat on both sides of these negotiations. That is precisely why each side hires us.
Stabilising liquidity, negotiating standstills and waivers, structuring amend and extend transactions, raising new money and delivering restructurings that keep the business in the hands of the people running it. We manage lenders so management can manage the company.
Independent analysis of the borrower's position, coordination of lender groups, negotiation of terms, security and economics, and a clear-eyed view of recovery scenarios. We help creditors act early, together, and from strength.
Securing time and breathing room: negotiated early, documented tightly, and used to build the plan rather than defer the problem.
Restructuring maturities, margins and covenants within the existing lender group. The least disruptive path, executed with precision.
Exchanges, buybacks and repricings across the debt stack that reshape obligations before they become defaults.
Raising fresh capital into stressed structures, priming, pari or structurally senior, from lenders who underwrite complexity for a living.
Full-scope restructurings of quantum, tenor and terms: consensual where possible, robust where necessary, alongside the company's legal counsel.
The credible alternative that strengthens every negotiation: prepared quietly, ready if required, and known to exist by the other side.
Four beliefs, proven across cycles. They shape every mandate we accept.
Optionality decays with every week of delay. The companies that fare best pick up the phone before they have to.
Lenders extend terms for plans they believe. Credibility, in numbers, in management, in advisors, is the currency of every negotiation.
Who hears what, and when, decides whether a restructuring converges or fractures. We choreograph it deliberately.
A negotiation with no fallback is a request. We make sure our clients are never merely asking.
If you are asking whether it is too soon to speak to someone, it is not.
